Trading Ideas: Keys to Financial Freedom

[Capital Essence NewsDesk] As we've opined in the previous Market Outlook:

"the larger picture remains unchanged – we have a strong market that is poised for a breakout to new high."

Equity market rose sharply Friday with a majority of major indices breakout to new highs amid a "Goldilocks" job report. The S&P finished at a new all-time closing high while the NASDAQ finished at its highest level since February, 2001. The Dow was on pace for a record close, but some profit taking in the final 20 minutes caused it to close roughly 30 points below its highest level. Any call option traded could have made a triple digit gain today. As a matter of fact, you can get access to all of these powerful tools and predictions by simply click here.

Editor's Note: below are just some trading ideas flow from our latest Headlines.

"Cubes Speculator Bulletin"

October 03, 2007 @ 5:30 PM

• Long QQQQ October 51 Call Option (QQQJY)…

October 04, 2007 @ 7:00 PM

• expecting an upside resolution [in anticipation of tomorrow's employment numbers]…

As you can see, QQQQ gapped higher Friday morning after the job report released, just as we've opined the night before, and traded its way to new high. The September 03 call option setup had achieved our targets and holds an amazing gains about +65% in just 1 day.

"Exclusive Stock Pick"

• If "news is always worst at the bottom and best at the top", then [the recent trading action suggested that] homies might have reached a short-term bottom.
• KBH had also drawn a positive RSI divergence on the daily chart…

Kb Home (KBH) profiled in our September 28 "Exclusive Stock Pick" as a potential Buy candidate rose about +15% in as little as 3 sessions.

You see, besides the "perfect' timing, as per QQQQ call option setup, own the right stocks in the right sector holds the key to successful trading. We also believe that opportunity make up is easier than losses. So, if you haven't made any money recently, we seriously think you should consider this.

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Want more investing ideas? Check out Capital Essence's Newsletter Services - "best-of-web" technical analysis.

技術前瞻：就業報告成關注焦點

Editor's note: this column was originally published on Capital Essence's CEM News on October 04, 2007. It's being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.

這是Capital Essence對2007年10月5日 (週五) 的市場技術分析。

9 月份就業報告定於今天上午發佈，在這之前，投資者仍繼續保持觀望態度。因此股市週四整日都在狹窄的區間進行交易，最終小幅高收。

黃金股成為週四股市的焦點。SPDR Gold Shares ETF (GLD) 逆勢上揚，當日漲幅達1.35%。

顯然，繼9月份的出色反彈之後，該ETF正在進行休整。大家都知道，自被列為潛在買進對像以來，GLD的累計漲幅已經超過10%。總的來說，只要該ETF能夠保持在70美元水平之上，技術面的前景仍然看漲。

來看主要股指：

上面是標普500指數的短期日線圖。該指數仍在7月高點阻力位的下方橫向運行。技術面而言，高位「震盪」預示頂部的形成。儘管如此，我們說過，除非空頭能夠成功將股價推至9月25日低點(約1507點)之下，否則熊派觀點的論據並不充足。

上面是道指的短期日線圖。該指數似乎處於徘徊等待狀態。技術面而言，過去幾天該指數的交易表現表明大盤在新一輪攀升之前，可能出現看漲的擁堵形態。支撐位約為13700點。

上面說過，在今天的就業報告發佈之前，股市似乎正處於停滯等待的狀態。儘管如此，股市的大趨勢保持不變——強勢的股市正在準備突破至新的高點。希望今天公佈的就業報告能為股市突破當前的僵局提供必要的催化劑。

(本文作者：Michelle Mai)

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注﹕Michelle Mai為Capital Essence(錢途集團)撰寫技術分析﹐並為包括市場趨勢在內的數份金融市場投資通訊的首席市場策略師。如欲每日盤前收到更多最新分析, 敬請訂閱。

All eyes on Jobs

Editor's note: this column was originally published on Capital Essence's CEM News on October 03, 2007. It's being republished as a bonus for the loyal readers. For more information about subscribing to CEM News, please click here.

 

Good Morning. This is Capital Essence's "Market Outlook" (the technical analysis of financial markets) for Friday October 05, 2007. 

As expected, equity market closed slightly higher Thursday after traded in a tight range around the unchanged mark for the entire session as the investors remain in a wait-and-see mode ahead of the September jobs report, which is scheduled to release tomorrow morning.

Gold was the brightest spot in Thursday session.  The SPDR Gold Shares ETF (GLD) bucked the overall trend, added +1.35% for the day.

Apparently the precious metal is taking a breather after the stunning September's rally.  Just so that you know, the yellow metal had gained more than 10% since profiled here as a potential buy candidate.  General speaking, the technical outlook remains bullish as long as price holds above the 70 level.

 

Let's take a look at the major indices:

The Standard & Poors 500 Index (daily) chart above addresses a short-term time frame.  The board market index continues to drag sideway beneath resistant at July's peak.  Technically speaking, this high-level "churn" is suggestive of an approaching peak.   Although as mentioned, the bears don't really have any cases until or unless they manage to push prices to below September 25's low of 1507.

The Dow Jones Industrial Average (daily) chart above addresses a short-term time frame.   The blue-chip index seems to be in a bit of a holding pattern.  Technically speaking, trading action in the past couple of days represents a bullish congestion pattern ahead of another upleg.  Support is about 13700.

Bottom line: as noted above, stocks seem to be in a bit of a holding pattern prior to tomorrow jobs report.  Although the larger picture remains unchanged – we have a strong market that is poised for a breakout to new high.  Hopefully tomorrow jobs report can provide the needed catalyst to trigger an upside resolution to the current stand-off.

 

Until next time, good luck

(By: Michelle Mai for Capital Essence)

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Note: Michelle Mai writes technical analysis for Capital Essence and is the editor of Capital Essence's "Market Outlook" newsletter. To receive the daily edition, please subscribe. It's now available at a monthly rate.